first off dont be fooled into thinking your paper dinars will be worth millions,wont ever happen.lets look at the kuwaiti dinar after liberation the currency appreciated extremely fast due to the cancellation of the 20 dinar bill(vitually all these where stolen by iraq) this situation didn't justify cancelling all there currency as worthless.iraq has printed new money on the other hand to immediately pay off debt,there banks are dumping huge amounts of newly printed dinars for other world currency.kuwaiti dinars are printed on bills no higher than 20 dinar notes.why? cause no bills marked 25,000 will ever be worth 25,000 us or even close. too much incentive for counterfeiters!!!!!look at the peso produced in mexico before their currency crash and the new peso.BIG difference the old peso has a totally different exchange rate(worthless).THE ONLY WAY TO HEDGE YOUR BET IN THE NEW DINAR, hold it in a trustworthy bank.i would suggest you open a kuwaiti bank account or iraqi bank, good luck!!!!!
Please visit our sponsors
Results 1 to 6 of 6
Thread: use common sense!!!!
-
24-07-2007, 06:34 PM #1
- Join Date
- Jul 2007
- Posts
- 1
- Feedback Score
- 0
- Thanks
- 0
- Thanked 0 Times in 0 Posts
use common sense!!!!
-
Sponsored Links
-
24-07-2007, 06:36 PM #2
- Join Date
- Oct 2006
- Posts
- 585
- Feedback Score
- 0
- Thanks
- 648
- Thanked 1,659 Times in 108 Posts
-
24-07-2007, 08:26 PM #3
- Join Date
- Sep 2006
- Posts
- 239
- Feedback Score
- 0
- Thanks
- 0
- Thanked 24 Times in 3 Posts
-
24-07-2007, 11:23 PM #4
-
25-07-2007, 12:05 AM #5
-
25-07-2007, 03:09 PM #6
-
Sponsored Links
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
24 Hour Gold
Advertising
- Over 20.000 UNIQUE Daily!
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.